Hussain Sajwani is a business mogul in the real estate industry. He is currently the chairman of DAMAC Properties, a real estate firm based in Dubai. He worked at GASCO as a contracts manager after graduating from the University of Washington. GASCO is a subsidiary of Abu Dhabi National Oil Company, and he worked here before going to set up his own businesses. In 1982, Hussain Sajwani started a catering company.
Hussain Sajwani’s entrepreneurial spirit has seen him venture into many other businesses and industries since then, but his presence in the real estate sector is one to reckon with. He has contributed significantly to the growth of the property development market and is recognized globally as a pioneer in the Dubai property market. Apart from Dubai, he has also invested in properties across other cities and countries such as London, Abu Dhabi, Beirut, Doha, Jeddah, Riyadh, Beirut, among others.
Hussain Sajwani and the Trump Family
In a post published at Bezaat, it says that his dealings in the real estate led to his introduction to the Trump Family through their real estate firm, Trump Organization. The two businessmen are good friends, and the relationship between their families extends beyond business. The two families have visited each other in their respective home countries. While still the president-elect, President Trump acknowledged the presence of the Hussain Sajwani family at a dinner party. Their wives also stay in touch with each other and mostly communicate via email. Given that President Trump can now not engage in business dealing directly with the Sajwani family, Trump’s children are managing the business dealings between the two families.
In addition to investing in the real estate industry, the DAMAC owner has done business with many lifestyle and fashion brands. He has collaborated with the likes of Bugatti, Versace, and Fendi for the development of luxury properties styled by these powerful brands. Hussain Sajwani has also ventured into the hospitality industry under the hospitality division of DAMAC Properties, DAMAC Maison. DAMAC Maison provides bespoke services to 12,000 serviced hotel apartments. This has positioned the firm as one of the largest operators in the hotel apartment developer and management industry in the region. Hussain Sajwani has also dealt his hand in the global capital and equity markets where he is very successful. As such, he has several investment portfolios across the globe.
DAMAC Properties is employing more than 2,000 people. To date, the firm has built a name for itself in the luxury property development sector and has developed more than 16,000 homes. This success is attributed to Hussain Sajwani’s business acumen in property development, marketing, sales, administration, and finance.